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Yen, Swiss franc hit multi-week highs

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Published Wed, May 17, 2017 · 09:50 PM

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    London

    THE yen rose to its highest in two weeks and the Swiss franc hit a seven-week high against the US dollar on Wednesday as talk that President Donald Trump could face the threat of impeachment boosted safe-haven assets.

    The dollar index, which scaled a 14-year peak of 103.82 on Jan 3 in anticipation of the president's promised tax reform and stimulus measures, wallowed near its lowest levels since Nov 9 after giving back all of its "Trump bump".

    Currencies

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